Expand your wealth through property development
Development loans: what you need to know
Buying a block of land and developing one or more homes gives you the opportunity to rapidly grow your wealth.
However, until the property is completed, you won’t be able to generate any income or returns. This is why you need a specific loan for this type of project.
Your first step is to make sure you definitely need a development loan. An expert from Lend & Co will be able to guide you in this area and let you know which option is right for you.
From there, your lending expert will work with you, guiding you to provide the proof of income and other information you need so your application is successful. This process can be more complex than a standard residential or investment loan but don’t worry, we will be with you every step of the way.
A development loan is released in stages throughout your build. This allows you to control cash flow and pay your builders.
Contact Lend & Co for a clear explanation of how a development loan works and a helpful, supportive point of contact as you arrange finance for an exciting property development project.
Why Choose Lend & Co?
- Expert knowledge of development and construction loans
- Strong industry connections across the property and finance industry
- A professional, friendly approach to doing business
- The determination to help you get the best possible outcome
- The ability to work with you online so you get results, faster
- A commitment to keeping you up to date throughout your application process